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Property profile & analytics
OFF-MARKET
Office buildings
1540 Shelley Pl Titusville, FL 32780-6221
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-0095757
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1959
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,178 SF
Lot
0.17 ac (7,405 SF)
Zoning code
R1B
APN
22-35-21-75-00000.0-0014.00
UPID
US18-0095757
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Kiser Realty & Investments, LLC Property Management Company Real Estate Agency
-
Robin Ritchie - Broker Associate Real Estate Agency
-
Real Estate in Titusville Real Estate Agency
-
Tammy Kiser, Kiser Realty & Investments Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Shelley Place LLC · 1 yrs held
Shelley Place LLC
since 2025
Last sale
$289,000
6 recorded transactions
Zoning & alternative use
R1B · Titusville, FL
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Titusville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Titusville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,127
Tax year 2023
Assessed value
$101,960
Assessed 2023
Previous assessed
$91,080
+11.9% YoY
Effective rate
2.09%
On assessed value
Assessed land
$20,630
Assessed improvement
$81,330
Land market value
$20,630
Improvement market value
$81,330
Total market value
$101,960
Applied tax rate
14.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1959
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Rooms
4
Bathrooms
1
Total area
1,178 SF
Lot
0.17 ac (7,405 SF)
Zoning code
R1B
APN
22-35-21-75-00000.0-0014.00
UPID
US18-0095757
Jurisdiction
BREVARD
Zoning & alternative use
R1B · Titusville, FLZoning R1B · permitted uses
R1B · Titusville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Layer: Zoning (ID: 15)
Building & site characteristics
From public records
Year built
1959
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Rooms
4
Bathrooms
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Shelley Place LLC
Entity
Mailing address
1540 SHELLEY PL, TITUSVILLE, FL 32780-6221
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 18, 2025
$289,000
Shelley Place LLC
Kiser Realty & Investments LLC
Warranty Deed
—
Dec 29, 2010
$164,900
Kiser Realty & Investments LLC
Kk & L Ents INC
Warranty Deed
$164,837 · Bankfirst
Oct 3, 2005
$265,000
Kk & L Ents INC
Obrien,thomas J & Denise B
Warranty Deed
$212,000 · Bank Brevard
—
—
Thomas J O'brien
—
Deed Of Trust
related
$49,600 · Wachovia Bank NA
—
—
Thomas J O'brien
—
Deed Of Trust
related
$70,000 · Bank Brevard
—
—
Thomas J O'brien
—
Deed Of Trust
related
$100,000 · Riverside National Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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